would suggest a big open and spike up monday, page-31

impressive numbers sharing my thoughts EPS Total Shares = 40,000,010
minus 24,037,510 (60.09%) held by Top 20 Shareholders
(including mothership Heron's 37.50% and 18,125,000 of which are in escrow for 24 months) which
leaves just 15,962,500 shares out there in a bull uranium market place in full swing.

* Market Cap @ only 21.4M currently with 50 Uranium Tenements and 7 Major Projects in 4 Australian States.

* Initial IPO distribution showed only 600 Holders for total shares of which 232 had 10,000 lots (2,320,000),
and 291 had on-average 41,048 lots (11,945,000) which
represented a mere 35.66% of the Stock Register.
Then just 32 holding 100,001 - 15,010,000 (x1 Heron) lots totalling 25,735,010 (64.34%), while overseas holders (x5) had on-average 18,000 lots (90,000), being just .22% of the total.

* Interesting to note W.A. holders held 71.70% on the stock register at the initial distribution. (C'mon the rest of Australia .......... where the bloody hell are you? Easy to see why we're having a boom over here when you see numbers like that!)

SYNOPSIS:- These type of numbers/stats tell me three things as follows:

a) Those who were in this early (IPO) to make a quick kill and get out have already done so. Those same investors (by nature) aren't likely to pay more to get back in, than what they sold out for initially. So I can assume last weeks meteoric rise is being driven by serious money and accumulation into safe and knowledgable hands.

b) Day/Momentum Traders would have initially been disappointed with the seemingly slow call to action and SP response after the initial buzz surrounding the launch for the first few days, and hence would have steered clear and moved on to seemingly greener pastures. This apparent market surge (EPS) over the last week would have caught many unaware and empty handed, so I can assume holders are safe from any insane activity from here on in. Besides, the traders will be concentrating on the DYL's, BLR's, and so on, which have all been on the radar over a greater period of time etc.

c) And saving the best bit for last, I think it's safe to assume from those numbers that this stock is going to become extremely hard to get in any significant amounts. With a future storyboard such as the one that EPS has, this stock is already a strong HOLD, and it's going to be in demand for a long, long time to come. It's becoming more obvious every day that there is less and less EPS stock out there, because the majority bought over the last few days doesn't appear to be coming back on, so it could soon be one of those magical stocks that you'll just have to pay up if you want to get in and on board for the ride of a lifetime.

wrxsti